Q3 EPS Estimates for DFS Lifted by Keefe, Bruyette & Woods

Discover Financial Services (NYSE:DFS) – Stock analysts at Keefe, Bruyette & Woods raised their Q3 2025 earnings per share (EPS) estimates for shares of Discover Financial Services in a note issued to investors on Monday, March 31st. Keefe, Bruyette & Woods analyst S. Sakhrani now forecasts that the financial services provider will post earnings per share of $3.42 for the quarter, up from their prior forecast of $3.31. Keefe, Bruyette & Woods has a “Outperform” rating and a $232.00 price objective on the stock. The consensus estimate for Discover Financial Services’ current full-year earnings is $13.88 per share. Keefe, Bruyette & Woods also issued estimates for Discover Financial Services’ Q1 2026 earnings at $3.97 EPS and Q3 2026 earnings at $3.98 EPS.

A number of other equities analysts also recently commented on the company. Barclays lifted their target price on Discover Financial Services from $186.00 to $209.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Truist Financial dropped their target price on Discover Financial Services from $262.00 to $219.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. JPMorgan Chase & Co. boosted their price target on shares of Discover Financial Services from $146.00 to $169.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Royal Bank of Canada increased their price objective on shares of Discover Financial Services from $193.00 to $210.00 and gave the stock a “sector perform” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company boosted their target price on shares of Discover Financial Services from $185.00 to $214.00 and gave the company an “equal weight” rating in a research note on Friday, January 24th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Discover Financial Services has an average rating of “Hold” and a consensus target price of $192.40.

Discover Financial Services Trading Up 3.1 %

NYSE DFS opened at $175.81 on Thursday. The firm has a market capitalization of $44.23 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 1.51 and a beta of 1.45. Discover Financial Services has a one year low of $119.31 and a one year high of $205.76. The company has a 50-day simple moving average of $183.24 and a 200-day simple moving average of $170.92. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.03 and a current ratio of 1.09.

Discover Financial Services (NYSE:DFS) last released its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $1.98. Discover Financial Services had a net margin of 17.29% and a return on equity of 26.18%.

Discover Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.59%. Discover Financial Services’s dividend payout ratio (DPR) is 17.54%.

Institutional Trading of Discover Financial Services

A number of institutional investors have recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Discover Financial Services during the third quarter valued at approximately $30,000. SBI Securities Co. Ltd. acquired a new position in shares of Discover Financial Services during the 4th quarter valued at $33,000. Flagship Wealth Advisors LLC acquired a new position in shares of Discover Financial Services during the 4th quarter valued at $34,000. Mattson Financial Services LLC bought a new stake in shares of Discover Financial Services in the 4th quarter worth $34,000. Finally, Grove Bank & Trust lifted its holdings in shares of Discover Financial Services by 78.1% in the fourth quarter. Grove Bank & Trust now owns 203 shares of the financial services provider’s stock valued at $35,000 after buying an additional 89 shares during the period. 86.94% of the stock is owned by institutional investors and hedge funds.

About Discover Financial Services

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.